Industrial Edge
5 ways smart factory analytics bridge data & communication silos SOURCE: ISTOCKPHOTO
Manufacturing companies across the world are trying to figure out a way to integrate data and simulate it for meaningful decision-making. Complete deployment of smart manufacturing with IIoT and cloud technology has brought the industry to the doorstep of this end-to-end connectivity.
The transition from traditional to tech-driven manufacturing seems daunting. But with the right strategy, it can turn out to be seamless and hassle-free. DESPITE THE WIDESPREAD POPULARITY OF THE Industrial Internet of Things [IIoT], relatively few manufacturing firms have put the theory into practice and deployed IIOT technologies in their plants. There are a plethora of benefits that lie beneath the surface of the initial investment in the transition to this digital technology, equipment, and processes. The 2020 Gartner Smart Manufacturing Strategy and Implementation Trends survey shows that: • 86% of respondents agree that smart manufacturing is an integral component of their digital supply chain strategy.
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• 84% expect smart manufacturing to increase their competitiveness. Yet, less than 50% of manufacturing leaders are implementing or have a fully deployed smart manufacturing strategy. As manufacturers expand and their businesses go global, those with more granular and real-time insights into their systems win. A quick answer to every question enables agility and competitiveness. Without this, they fall behind in this highly competitive market. Most of the shop floor questions can be answered with real-time visibility for
end-to-end processes and knowing the where, why, what, and how for all your assets. The traditional factory setup does not offer these insights as the data obtained from each system is either incomplete, independent on its own, non-standard, or obsolete by the time it reaches decision-makers. And they create gaps in communication across departments within the enterprise. .
Operational challenges due to gaps in communication
Gaps in action plans for interdependent operations: Every time there is a glitch or
in d u s t r ial et h er ne t b o o k
08.2022
